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cnbc.com
U.S. Treasury yields edge higher as Wall Street monitors Middle East tensions
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — rose over 1 basis point to 4.558%.
cnbc.com
Oil prices erase gains after Iran says U.S. talks could be pursued based on national interests
American forces have started the ninth consecutive night of strikes against Iranian targets.
cnbc.com
Alphabet stock pops on report it's developing a more efficient AI chip
The new AI chip, called "Frozen v2," would embed parts of Gemini's architecture directly into the silicon, according to the report.
cnbc.com
Ryanair says 'no shortage' of travelers despite Iran war denting profit
Ryanair's first-quarter profit took a 34% hit as consumers delayed bookings due to the Middle East crisis, while struggling airlines face a "difficult winter."
cnbc.com
Cybersecurity risks posed by over-the-air tech in autos has analysts concerned
The automotive industry's increasing use of over-the-air technology makes it more susceptible to cyberattacks, analysts say.
cnbc.com
U.S. death toll rises again as Iran war escalates over the weekend
Centcom says it hit Iran's coastal surveillance and air defense facilities a day after two U.S. troops were killed in an Iranian strike on Jordan.
cnbc.com
UK's Andy Burnham becomes PM as Trump slams Britain as 'Poverty Stricken Disaster'
The prospect of Burnham, considered more left-leaning than Starmer, replacing the incumbent prime minister sent jitters through bond markets earlier this year.
cnbc.com
AMD launches Helios, its first rack AI system to rival Nvidia, adding Microsoft as newest buyer
AMD is taking aim at Nvidia with Helios, its first AI rack system, and has landed Microsoft as a new customer, joining Meta, OpenAI and Oracle.
cnbc.com
Boeing CEO says company still needs 'a couple more years' to repair finances before new jet
CEO Kelly Ortberg signalled Boeing is focused more on stabilizing its existing business than rushing to develop a successor to its bestselling 737 MAX.
theguardian.com
‘My shirt was wringing’: National Express bus drivers speak out on 40C conditions
Drivers in West Midlands say buses ‘unbearable’ during heatwaves, raising employee and passenger safety fearsBus drivers in the West Midlands have spoken out about the “horrendous” working conditions they have experienced during heatwaves, which led to 40C temperatures in their cabs.The UK was hit by high temperatures and dry weather in three successive heatwaves, with temperatures topping 37C last month when the country recorded its hottest ever June day. Last week, the Met Office warned climate extremes were becoming the “new ‘normal’ for the UK”. Continue reading...
theguardian.com
European gas prices surge amid fears US-Iran war will cause winter shortages
Benchmark hits a four-year high as oil briefly breaches $90 a barrel before easing after Tehran says talks ongoingBusiness live – latest updatesEuropean gas prices have hit a four-month high as the escalation of the conflict in the Middle East raises fears of supply shortages this winter.The Dutch natural gas benchmark briefly rose above €60 a megawatt hour (MWh) on Monday, near the peaks seen at the start of the US-Iran conflict, after the US expanded its aerial offensive and Iran retaliated with strikes on Bahrain and Kuwait. Continue reading...
bbc.co.uk
AliExpress fined record €550m by EU for allowing sale of illegal goods
The Chinese retailer allowed unsafe toys and counterfeit clothes to be sold on its site, says the EU.
theguardian.com
Ryanair says its planes are safe despite passenger being nearly sucked out of window
Airline says crew did a “great job” after incident and that it has been in touch with family of man saved from deathBusiness live – latest updatesRyanair has moved to reassure travellers that its planes are safe after a passenger was saved from being sucked out of a window mid-flight and said it had been in touch with his family.This month, Ljubisa Karović was sucked out headfirst after an engine failure resulted in parts smashing an acrylic window during a flight from Thessaloniki in Greece to Memmingen near Munich in Germany. Continue reading...
cnbc.com
Voters wary of government ownership in companies as Trump administration takes equity stakes
About half of voters believe it isn't appropriate for the U.S. government to own stakes in companies, a new CNBC poll found.
bbc.co.uk
Burnham promises help with your money. How could it affect you?
New Prime Minister Andy Burnham says he wants life to be more affordable, but how could he do it?
theguardian.com
Andy Burnham pledges to address cost of living in first speech as UK PM - video
The new UK prime minister, Andy Burnham, has given his first speech after accepting the king's invitation to form a government. In his speech, he pledged to bring in a 10-year plan for Britain as well as planning to end rough sleeping, 'build a new economy' and address the cost of living crisis. 'I can do something to give people some breathing space now. I will set out some of those measures tomorrow, including how we pay for them,' he said Continue reading...
cnbc.com
'Give me my money back': South Korean traders' leveraged SK Hynix, Samsung bets unravel after sell-off
South Korean retail investors suffer heavy losses after Samsung and SK Hynix shares reverse sharply.
cnbc.com
TSMC is accelerating Arizona factory build-out to capitalize on AI 'megatrend,' CFO says
Speaking in an interview with CNBC, TSMC's Wendell Huang said the fresh investment comes on the back of robust customer demand.
theguardian.com
AliExpress fined record €550m by EU for failing to stop sale of illegal and fake goods
Chinese retail platform handed penalty over listings for items such as counterfeit products and unsafe toysBusiness live – latest updatesThe Chinese online retail platform AliExpress has been fined a record €550m (£470m) by the EU over its failure to stop illegal goods including harmful clothing, cosmetics and kitchen gadgets being sold through its site.The European Commission fine is the biggest imposed by the bloc under Digital Services Act (DSA) legislation to protect consumers from illegal goods and deceptive or addictive marketing techniques. Continue reading...
bbc.co.uk
Ryanair profits drop as Iran war puts off passengers and lifts fuel costs
The Irish airline said oil prices had increased costs meanwhile Brent crude surpassed $90.
theguardian.com
Acting the fool: why have Hollywood press tours become so gimmicky?
From playing would you rather to ranking snacks, A-listers navigating the promo trail are now forced on a set schedule of sillinessThis summer, we’ve been blessed with new movies from the legendary director Steven Spielberg and one of his biggest and most beloved successors, Christopher Nolan. In both cases, the movies have been heavily sold on the directors’ names, and, befitting two of the most famous film-makers to ever do it, Spielberg and Nolan have been making the press rounds. This has meant a wealth of interviews and insights – a bonus feature unfolding alongside the selling of the actual movies that will delight movie nerds the world over.So at first, when I saw a 60-second video of Christopher Nolan answering a barrage of yes-or-no questions come across my social-media feed, of course I stopped and watched as a famously buttoned-up (if obviously still passionate) film-maker attempted some spontaneity with no danger of follow-up questions (or obligation to follow-up answers). From this, there is admittedly plenty of information to be gleaned: he has no designs on retiring, Tarantino-style. He will not make another superhero movie or a TV show. He’s fine with people watching movies on their phones or laptops. He will neither confirm nor deny that Interstellar is his favorite of his films. He will also neither confirm nor deny that he would like to make a Star Wars movie. (Perhaps the most intriguing, given that you’d rather expect that to be a firm “no”.) Continue reading...
theguardian.com
How Elephant and Castle risks becoming London’s gentrification ‘patient zero’
New £500m town centre welcomes its first tenant this month, but displaced traders say promises that they could return have been brokenDiana Sach once employed more than 30 people and catered for hundreds more every day from her Latin American restaurant and delicatessen, famous for its Peruvian empanadas, in south London’s Elephant and Castle district.Now, she looks longingly at the shiny tall buildings that have replaced the brightly coloured but shabby shopping centre that was her home from home before being demolished in 2021. Continue reading...
cnbc.com
Bezos backs CuspAI as startup teams up with Nvidia to hunt for chipmaking materials
CuspAI is part of a new wave of companies looking to use AI to solve challenges in the physical world.
bbc.co.uk
Jobs, borrowing and taxes: Andy Burnham's economic challenges
The person in charge of the country will change but the financial challenges remain the same.
cnbc.com
China's car market heads for worst year since 2021 as sales plunge 20%
Consumer demand for cars in China tumbles following record-high sales of 23.7 million units in 2025.
theguardian.com
Jeff Bezos and UK government invest in £2bn British startup CuspAI
Company aims to develop AI software that cuts research times and use of rare metals in chipmakers’ supply chainsBusiness live – latest updatesAmazon’s founder, Jeff Bezos, and the UK government have invested in a £2bn British artificial intelligence startup that is aiming to become the “search engine for rare materials” that accelerates the next wave of technological breakthroughs.The Cambridge-based CuspAI has raised $450m (£330m) in funding from investors including Bezos and the government’s sovereign AI fund, valuing the two-year-old business at $2.6bn. Continue reading...
cnbc.com
Samsung Biologics makes $1.8 billion all-cash offer for Switzerland's PolyPeptide Group
South Korea's Samsung Biologics said on Monday that it had made an all-cash bid of 1.46 billion Swiss francs ($1.8 billion) for Switzerland's PolyPeptide Group.
theguardian.com
Why can’t Lifestyle & Mobility store show compassion after my loss?
I bought a wheelchair for my daughter, but she later died in hospital and the company refuses a refundI bought a £435 wheelchair for my disabled daughter from my local Lifestyle & Mobility store.She had been admitted to hospital for tests and I planned to use the chair to take her on outings when she was discharged. Continue reading...
cnbc.com
From 'Super El Niño' to Europe’s extreme heatwave: How this year's weather shocks are rattling commodity markets
Markets are underestimating the impact of climate volatility on a range of asset classes, commodity strategists say.
cnbc.com
FIFA emerges as the $9 billion winner as the biggest, brashest World Cup ever draws to a close
The football governing body presided over the most lucrative sporting event in history and is poised to net over $9 billion in revenue for 2026.
bbc.co.uk
Former academy pupil offers students free haircuts
Razwan Amin set up his barbers after leaving Erdington Academy and wants to help people with the cost of living.
theguardian.com
Retired UK civil servants failed by pension outsourcing, government says
Chaos of Capita-run scheme has left some people waiting up to a year for payments and in financial hardship Retired civil servants have been failed by the decision to outsource their pension scheme, the government has admitted, and the maladministration meant some were left waiting up to a year for payments.Multiple members of the civil service pension scheme, run by the private company Capita since December, have come forward to say they are unable to afford rent and have been forced to use food banks after being left without an income. Continue reading...
cnbc.com
Russia pounds Kyiv as NATO military chief warns Moscow would 'lose a lot' by attacking Baltics
Russia and Ukraine traded their heaviest strikes in months, fueling fears of escalation and further strain on oil supplies.
cnbc.com
China's Zhongji Innolight sees shares surge after Hong Kong listing approval
The deal size will exceed Luxshare Precision's $3.1 billion IPO earlier this month, making it the largest listing in Hong Kong this year.
cnbc.com
U.S. hits Iran for ninth consecutive night as American casualties rise
The U.S. began a ninth straight night of strikes against Iran, escalating a campaign to destroy Tehran's ability to disrupt shipping in the Strait of Hormuz.
cnbc.com
CNBC Daily Open: Spain takes the World Cup, oil takes the market spotlight
Spain took home their first World Cup since 2010 after a 1-0 victory over 10 man Argentina.
cnbc.com
World Cup 2026 final in photos: Spain triumphs as football crowns a new champion
Spain reclaimed football's biggest prize on Sunday, defeating Argentina 1-0 after extra time in a tense World Cup final.
bbc.co.uk
This farmer wanted to quit the cocaine industry - he couldn't
Colombians who grow cocaine's raw material bemoan a lack of support to help them switch crops.
bbc.co.uk
Are you a parent missing out on £27 a week? Here's how to check
Thousands of new parents fail to claim child benefit until it is too late to receive some of the money, HMRC says.
bbc.co.uk
My fitness tracker knew I was pregnant before I did
Ravika is one of hundreds of women who are noticing early pregnancy signs through the data on their fitness trackers.
theguardian.com
Pay gap widens as UK bosses get 130 times average worker’s salary
In its final report the High Pay Centre says the median remuneration of a FTSE 100 CEO has risen to a record £5.06mThe bosses of Britain’s largest listed companies received record pay last year, fuelling the widest earnings gap with workers in eight years.Median pay for FTSE 100 chief executives hit £5.06m in the last financial year, according to data released by the High Pay Centre, an 8.6% increase on £4.66m the previous year and the highest level on record. Continue reading...
theguardian.com
Mission in Iran war has pivoted toward ensuring oil flow, Trump official says
Energy secretary grapples with mounting criticism over length of US war as Democrat calls conflict ‘war of choice’A Trump administration official on Sunday grappled with mounting criticism over the length of the US war with Iran after months of promised diplomatic breakthroughs, short-lived ceasefires, and the deaths of three more American troops bringing the total number of American military members killed in the conflict to 17.Appearing on ABC’s This Week, the US energy secretary, Chris Wright, defended the Trump administration’s strategy after being confronted with his earlier claims that the war which began in February would have ended by now. Continue reading...
bbc.co.uk
Thames Water lenders preparing legal challenge in event of Burnham nationalisation
The BBC understands creditors would would pursue payment in full of the outstanding debts, in the multi-billions of pounds.
cnbc.com
Universal and Christopher Nolan's 'The Odyssey' sails to $124.5 million opening
Christopher Nolan's "The Odyssey" tallied an estimated $124.5 million at the domestic box office, with IMAX screenings fueling a big haul.
theguardian.com
Thames Water creditors seek talks with Burnham as nationalisation looms
Consortium preparing for potential legal battle amid reports new PM could put the company into temporary public ownershipThe group of investors pursuing a rescue bid for Thames Water have said they are willing to discuss greater public control but are also preparing for a potential multi-billion pound legal battle amid reports that Andy Burnham could temporarily nationalise the company.London & Valley Water (L&VW), a consortium of 100 institutional investors that hold £17bn of the company’s £21bn debt, has said it is open to government involvement with Thames Water, but indicated that this does not include public ownership in the struggling company. Continue reading...
theguardian.com
Rogue locksmiths prey on people’s anxieties | Letters
Chris Lohan was stung by a huge bill for a shoddy job. But Anna Bliss had a positive experience with a locksmith who helped her mumI was the victim of a locksmith scam after searching Google and booking through the website advertised at the top of the page (The scary rise of locksmith scams: ‘I was shut out with my baby – and charged £2,200 to get back in’, 15 July). A broken lock resulted in a £490 bill. I stupidly paid the man, then I checked on Amazon for the price of the lock he fitted – £15.I called the number advertised on Google to complain, but the chap who answered said he knew nothing about the guy who had come to our place. By then I was realising that he was involved – as well as denying accountability, they probably worked the scam together. The guy that came to mine also left a number, which I called, but it was ignored, and I eventually gave up. Continue reading...
theguardian.com
AI job worries grow. But some human skills can’t be replaced by machines | Gaynor Parkin and Dave Winsborough
The fear of becoming obsolete is a rising source of anxiety as artificial intelligence emerges in the workplace. Staying strongly connected with others will helpThe modern mind is a column where experts discuss mental health issues they are seeing in their workEarlier this year Paul* discovered via a flurry of media stories that his business group had been targeted for job cuts, alongside a number of other public-sector agencies. For him, this was the second time, after his technical management role was restructured in 2024. While that process was difficult enough, the comms this time were highlighting the integration of AI as a cost-saving tool. “They say it’s not about firing people, but hey, my whole team will go.”For Paul, the timing could not have been worse. He and his partner are expecting a child and recently bought their first house.Curiosity: Seek new learning, perspectives and interests, look outside your usual sources for inspiration. You can use AI to widen your perspective and spark ideas but stay engaged with the world beyond the screen.Humility: Grow your self-awareness. Reflect on what comes naturally, what energises you and where you get stuck. Then invite honest feedback. AI learns through feedback – you can too. Ask people you trust what to start, stop and keep doing.Emotional intelligence: Your ability to connect, show empathy and communicate with care will only become more valuable. Continue reading...
cnbc.com
The market for psychedelic drugs to treat mental health conditions gets a big buy signal
Eli Lilly's acquisition of psychedelic drug maker AtaiBeckley extends Big Pharma's embrace of a stigmatized class of medications for treating mental health.
bbc.co.uk
Is Burnham promising a new dawn for North Sea oil and gas?
The incoming PM is expected to announce fresh support for the North Sea from day one of his premiership.
bbc.co.uk
Why has British Steel been nationalised?
The UK's only remaining plant making virgin steel has been taken into public ownership after years of uncertainty over its future.
theguardian.com
Why a modest US interest rate rise won’t change much for most businesses
Rates may rise, but don’t be too concerned – a small increase is unlikely to change major decisions on investment or hiringWith the appointment of a new Federal Reserve chair, the latest concern is that interest rates will go up in the next few months. That decision will depend on many factors, including inflation, jobs and the economy’s overall growth. But when that happens, watch out! The media will go nuts and the president will go ballistic. Everyone treats every Fed meeting as an economic earthquake. But for most small businesses, it isn’t.A 25-basis-point increase doesn’t meaningfully change borrowing costs for most established businesses. In fact, it changes nothing at all. Continue reading...
bbc.co.uk
Anger as water supply misery continues for second day
Residents in Kent describe South East Water as "incompetently useless" as supply issues continue.
cnbc.com
Kalshi adds 3 million new users as prediction market capitalizes on the World Cup
The prediction market has launched some ads featuring soccer players, as well as formed a partnership to display its brand in more places during the tournament.
cnbc.com
Housing costs is the top political issue for young voters, CNBC survey finds
The cost of housing is the top priority for voters ages 18 to 34, besting food and healthcare cost concerns, the CNBC All-America Economic Survey found.
theguardian.com
Are money and soft power draining World Cup football of its magic? | Richard Partington
Fifa’s orchestration of incompatible or frankly absurd corporate sponsorship suggests the balance may have tipped too farIt’s almost all over. No more hydration breaks, no more obligatory pans of the TV cameras to Hollywood A-listers, or dread of the crushing inevitability of English disappointment. The Fifa World Cup 2026 is at an end, after another month of planet-straddling drama laced with significance and symbolism, both on and off the pitch.Before the kick-off between Spain and Argentina on Sunday evening, the result is already clear: football’s greatest prize is more than a sporting event; it is a geopolitically charged economic juggernaut. Continue reading...
theguardian.com
After fixing its engine problems, Rolls-Royce is turning to its next big challenge
The aerospace giant is seeking UK government support for its re-entry into the huge narrowbody jet marketIn a 100-year-old hangar at Rolls-Royce’s factory in Derby, aircraft engines lie on their noses as technicians strip them down after a couple of years circling the world.Cranes lift and flip the engines, before engineers separate different modules to be cleaned, treated in acid baths if necessary, repaired or replaced. The acrid smell of kerosene signals the part of the factory where engineers handle the metre-diameter core of the engine, in which fuel and air combine at high pressure to drive the turbines and propel 200-tonne planes through the air. Continue reading...
theguardian.com
Molten salt and human sweat: the weird batteries that could store renewable energy
From Nevada to Manchester, developers are trialling innovative solutions to clean energy’s biggest challengeIn the deserts of the United Arab Emirates a sprawling clean energy project, stretching across an area roughly the size of 12,600 football fields, will play host to a breakthrough allowing solar energy to power the equivalent of half a million homes through the night.The Gulf state has been steadily combining 5.2GW of solar power capacity with 19GWh of battery storage to create the largest battery scheme in the world. Continue reading...
bbc.co.uk
Chinese firm seeks compensation over British Steel nationalisation
Jingye said it will take action "through legal means to the very end" after the UK government nationalised British Steel.
theguardian.com
Restoring Britain’s health to 2014 levels could add 2% to GDP, thinktank says
Health Foundation paper argues health is an economic asset and improving it could generate £72bn for public financesRestoring the deteriorating health of the UK’s population to the level of 2014 would boost GDP by 2% and generate a £72bn dividend for the public finances, research suggests.A paper by the Health Foundation thinktank, published on Sunday, argues the nation’s health should be valued by policymakers as an economic asset. Continue reading...
theguardian.com
Here be dragons: does moving power to the north work?
Andy Burnham’s recent promise to create a ‘No 10 North’ echoes BBC’s successful Out of London planWhen the BBC first announced its intention to move a significant chunk of its operation to Salford in Greater Manchester – the “Out of London” plan, as the then director general Mark Thompson called it in 2004, with a faint “here be dragons” whiff – there were plenty in the organisation who were scornful that it could ever work.Senior staff would never leave the capital. Star talent wouldn’t dream of travelling. It “didn’t take a brain surgeon”, said the Breakfast presenter and Strictly Come Dancing winner Chris Hollins, to see that the prime minister would never appear in person. Continue reading...
theguardian.com
‘We noticed a login from a new device’: the message from fraudsters targeting your X account
They are out to steal your password to commit further fraud such as crypto scams or phishing attacksYou have had an X account for years, since it was known as Twitter. When an email arrives about a new login from a location nowhere near where you live, alarm bells begin to ring.“We noticed a login to your account from a new device. Was this you?” the email asks. Continue reading...
bbc.co.uk
New EU border system tripling time at passport control, airport boss says
Ryanair has also warned passengers travelling to Europe this summer to prepare for extended waits.
bbc.co.uk
The hidden cost of the night shift and how to sleep it off
More than three million people in the UK work night shifts, which can greatly impact their health. What can be done to help them?
bbc.co.uk
Private jets flock to Montana - but locals can't afford the trailer park
Rents in Bozeman, Montana have skyrocketed as wealthy out-of-towners flock to the city to experience the American West.
cnbc.com
Oil tankers face 'worst case scenario' in Hormuz as Iran steps up attacks on ships, maritime risk CEO says
One seafarer was killed and three were injured in attack on the crude oil tanker Al Bahyah off Oman's coast on Tuesday.
cnbc.com
'WarshGPT': How Wall Street is adapting to the Fed's new era of communication
Investment firms are readying for an era with less public commentary from the U.S. central bank. Some are relying on AI for an edge.
theguardian.com
Cuba edges toward breakdown as power cuts and US meddling push society to brink
As Cuba swelters under six-month oil blockade imposed by US, tempers are fraying and unrest is growingWhen Cuba’s national grid collapses, as it did for the third time in 10 days on Tuesday, a collective groan spreads across its cities and people wonder, again, whether the island’s antiquated electricity system may soon become unrecoverable.The 777-mile long Caribbean island of 9.5 million people has been sweltering under a six-month-long oil blockade imposed by the US, part of a pressure campaign to bring down its communist government. But the parlous state of Cuba’s infrastructure goes far further back. Continue reading...
bbc.co.uk
Money Box
Call for help for people on low incomes who must now wait longer for their state pension.
theguardian.com
The Paramount-WBD merger: bad news for Hollywood, great news for Tennessee? | Dave Schilling
Yet more consolidation means one less studio, inevitable redundancies and a blow to this city’s cultural heritageThere are simply too many companies in the world. Apple, Google, Amazon, Ryanair. I’m probably forgetting some. How could I not? There are so many companies. Thankfully, here in Hollywood, we’re culling the herd. My memory says thanks. My career, on the other hand, does not.After Disney swallowing up 20th Century Fox (which is now just called “20th Century Studios”, making it sound like a company that makes gramophones), Discovery merging with Warner Brothers, and Skydance buying Paramount, you’d think the industry would be done kneecapping itself through strategic acquisitions. Wrong again, friend. Warner Bros Discovery – swimming in debt and loaded up with depreciating cable TV assets – put itself on the market only three years after its last merger. First they went to Netflix, then to Paramount, after Netflix realized they like profit too much. Now a Paramount-WBD merger is progressing. All of this means one less movie studio, inevitable redundancies and more consolidation of vision.Dave Schilling is a Los Angeles-based writer and humorist Continue reading...
theguardian.com
Andy Burnham considers radical shake-up to cut energy bills
Labour leader examining proposals to overhaul gas standing charges and make heat pumps cheaper to run than boilersAndy Burnham is considering radical plans that could cut household energy bills by £130 a year and make running a heat pump cheaper than a gas boiler.In his speech on Friday as he became the new Labour leader, Burnham promised to reduce the price of “essentials”, and a cost of living package is expected to be one of his first announcements in Downing Street. Continue reading...
theguardian.com
'Less than human': how unhoused people in Atlanta are being treated during the World Cup – video
“This is what happens when you apply these incredibly violent economic forces to these cities … it's happened at every World Cup I've been to,” explains our chief sports writer, Barney Ronay.Employees in Atlanta, Georgia, recently threw away tents, medication, identification and other belongings of unhoused people at a public park without warning. This led activists and a local official to point to an apparent violation of procedures created after a city employee ran over a tent with a front loader last year, killing a man. Cornelius Taylor was crushed inside his home as workers came to clear a homeless encampment.The sweep through the park occurred less than a mile from a popular spot for World Cup watch parties, drawing into focus ongoing tension over the treatment of the city’s several thousand unhoused people during the tournament. A city official said the park where about 15 people have gathered for months was “not an encampment” and that the incident was not a sweep.Watch Barney's latest report from downtown Atlanta as the World Cup edges closer to the final – and for more of his video diaries follow Guardian Sport on TikTok. Continue reading...
theguardian.com
Trump has normalized crypto. Is it the path to the next financial collapse? | Eduardo Porter
Cheerleading by the president, who made $1.2bn last year off uninsured currency, does not bode well for US economyThe scale of the graft is decidedly off the charts, but the revelation that Donald Trump raked in a personal fortune of $2.2bn during his first year in office should come as no surprise. The president didn’t even try to hide his venality. Not only did he refuse to sell businesses and put assets in a blind trust, as other presidents have done to limit opportunities for self-dealing; the quid pro quos with foreign governments and assorted magnates were exposed for all to see.It is troubling that the president of the United States would so nonchalantly deploy his official powers to profit from dealings with money launderers and Middle Eastern princes. It is perhaps more so that the supposedly robust checks and balances upholding American governance proved powerless to stop him. (Here’s waiting for the supreme court to define Trump’s dealings as “official acts” in order to exonerate him.) Continue reading...
bbc.co.uk
Guidance needed for families reclaiming childcare
Some families have had problems claiming back cash as part of the pilot scheme.
theguardian.com
Six political headaches Andy Burnham must tackle in his first weeks as PM
From dealing with Trump to easing cost of living, the incoming prime minister is mulling his approach to contentious issuesWhen Labour was preparing for power in 2024, Keir Starmer’s then chief of staff, Sue Gray, compiled what one Labour official called her “shit list” – a dossier of immediate fires the government would have to put out.Gray is back, advising Starmer’s successor, Andy Burnham, in an unofficial capacity. And yet again, she is advising an incoming prime minister on how to deal with a number of immediate political problems that will need solving in his first few weeks. Continue reading...
theguardian.com
Revealed: the top 10 UK cities for first-time buyers
Vibrant areas for young workers who plan to rent while saving for a deposit and then get on the property ladderThe new 100% mortgages for first-time buyersHomes to rent before buying in citiesThe common property rite of passage for graduates and career-focused first jobbers has changed over the past decade. Many careers used to start in London, and an early house-share would be followed by a first flat purchase, then a move to somewhere bigger.However, the heavy burden of housing costs in the capital is making would-be first-time buyers stop and evaluate whether – even with London weighting on some wages – it is possible to get on the ladder there. Continue reading...
cnbc.com
Fat cat? Weight-loss drugs may be coming for your overweight pet
Startups are testing GLP-1 treatments for overweight cats while pet-food giants are leaning into longevity products as owners spend more on animal health.
bbc.co.uk
'My buyers dropped their offer by £15,000 the day before exchange': Gazundering and how to avoid it
It's a small but growing problem in the property market - here's how to protect yourself.
cnbc.com
Analysis: Fed Chairman Warsh faces an inflation credibility test after Congress hearings
The new Fed chairman avoided major stumbles in two days of testimony before the House and Senate, but faces a rapid test of his commitment to price stability.
bbc.co.uk
Why women should speak openly about money
Emma joins Nuala McGovern to discuss her book Start With Yourself: A New Vision for Work and Life.
bbc.co.uk
China's Moonshot AI claims Kimi K3 can rival OpenAI and Anthropic
The company has unveiled a massive new artificial intelligence model it says can take on top American firms.
bbc.co.uk
China hits out at British Steel nationalisation
The UK government said taking the firm into public hands would safeguard "a vital national capability".
bbc.co.uk
Brewdog founder faces data complaints over efforts to buy back firm
The UK data watchdog has received complaints after James Watt reportedly contacted former shareholders.
bbc.co.uk
What are your rights if you buy something that breaks?
Martin Lewis explains why you should go back to the item's retailer, not the manufacturer.
theguardian.com
How Burnham’s team could reshape the Bank of England
Taking a fresh look at the Bank’s role would send a strong signal that a Burnham government is prepared to do things differentlyWhen Louise Haigh – then a lowly backbencher – wrote a policy prospectus for the leftwing Renewal journal back in May, it contained a little-noticed nugget: a rethink of the Bank of England’s mandate.Haigh, who quit as transport secretary in 2024 after it emerged she had been convicted of fraud over a missing work phone, is back in frontline politics as a linchpin of Andy Burnham’s operation. Economists are now asking whether the Bank, and the mandate it gets from the chancellor to solely target stable prices, will be in the new administration’s sights. Continue reading...
bbc.co.uk
Why are UK fuel prices rising again?
UK fuel prices are going up again after the collapse of peace talks to end the US-Israel war with Iran.
theguardian.com
Hot tubs and £80 rosé: how the mud-soaked British festival got a luxury makeover
Struggling industry seeks to capitalise on Gen Z’s willingness to spend on experiences and comfortIt had always been the great British festival way: greasy burgers and warm beer, retch-inducing toilets and the descent into dishevelment as roughing it takes its toll.But a generation of festivalgoers has emerged who are willing to splash the cash to inject luxury into the experience. This summer, there are signs the under-pressure industry is ramping up its offer, from gleaming private toilets and “pamper parlours” to fine dining, hot tubs, saunas and even a “cold waterfall drench” to keep refreshed. Continue reading...
theguardian.com
Smart glasses are deeply creepy. Why are celebrities like Kylie Jenner endorsing them?
Meta touts safety features – but for women, the dangers of these recording devices are obviousImagine if every time you left the house, you couldn’t be sure that the stranger you met at a bar – or even the person walking by you in the street – wasn’t secretly recording you. It sounds like something out of a Black Mirror episode, but let’s face it, the era of wearable technology is fully upon us as everyday accessories have been developed to help track health and fitness data, receive smartphone notifications, and provide hands-free accessibility.So when Meta announced their AI glasses a few years ago, it wasn’t too surprising that one of the biggest (and most embattled) tech companies on earth had begun cashing in on our obsession with watching others. And their AI glasses have already raised serious concerns over privacy, personal safety and even our sense of agency. Continue reading...
bbc.co.uk
The financial winners and losers from the World Cup
Big bucks are being made from the 2026 tournament off the field, but who is raking in the most, and who is losing out?
bbc.co.uk
Who is the frontrunner to be the UK's next chancellor?
Andy Burnham will be moving into Downing Street next week, and a question remains over who will be his neighbour in Number 11.
bbc.co.uk
Trump Media to sell instant access to 'market-moving' social posts
Trump Media is launching a fast, paid feed to its most influential posts for Wall Street traders.
theguardian.com
‘I don’t think I’ll ever retire’: the workers struggling to save for old age
Almost half of working-age adults in the UK do not save into a pension. Four readers explain why they fear for the future“I am 35 and have essentially nothing saved for my future, which is a huge concern.” Sarah* works in library services in Oxford – full-time at one library and part-time at another. She has saved £5,000 into her pension.After finishing her PhD in 2020, she said she had “good intentions of contributing to pension schemes. But because I then had a succession of part-time jobs, I never started. I never thought, this is a job I’ll be doing for long enough.” Continue reading...
theguardian.com
Andy Burnham’s difficult first cabinet – a visual guide to the options and dilemmas
The Makerfield MP enters No 10 as prime minister on Monday. But who will he choose to join him at the table?Keir Starmer is expected formally to resign as prime minister on Monday morning at Buckingham Palace, with Andy Burnham being invited to take on the role shortly afterwards. Once back in Downing Street mid-morning, Burnham will begin assembling his cabinet. Continue reading...
theguardian.com
Homes to rent before buying in cities in England and Scotland – in pictures
From a flat on the ninth floor of a 34-floor skyscraper on Liverpool’s waterfront to a mid-terrace cottage in Norwich Continue reading...
bbc.co.uk
Five headaches Andy Burnham will have to deal with as PM
From defence spending to housing - the next UK leader has a series of challenges to deal with.
bbc.co.uk
How do you split the bill with friends?
Hands down the worst part of going out for dinner.
bbc.co.uk
Burnham's 'Manchesterism' got him to No 10 - but will it work for the UK?
Economics editor Faisal Islam examines whether the north-west city can be a template for the entire country.
theguardian.com
‘There’s this deep mystery of what, actually, is this thing?’: the philosopher inside Google DeepMind AI – podcast
Since 2017, Iason Gabriel has worked at the tech giant, trying to anticipate – and think through – the impact of AI. But as commercial and geopolitical pressures escalate, can ethicists make any difference?By Robert P Baird. Read by Simon DarwenRead the text version hereSupport the Guardian today: theguardian.com/longreadpod Continue reading...
bbc.co.uk
I wouldn't marry him until he paid off his debt, now I'm in charge of our money
Sarah and her husband have shared one account for 25 years, but she says managing it falls to her.
bbc.co.uk
Business Daily
China's economy slows, New York targets AI centres, and the ‘king of fruits’ giveaway
bbc.co.uk
White House teleprompter operator accused of making $100k from Trump speech bets
A White House staffer has been accused of using inside knowledge of speeches to make nearly $100,000 on Kalshi.
bbc.co.uk
Investigation into parking tickets for drivers queuing at petrol stations
It's part of a wider crackdown from the consumer regulator into potentially unfair practices by private parking operators.
theguardian.com
Trump made $1.4bn from crypto in one year. Is Justin Sun the man who helped him do it?
The entrepreneur is known in Washington as the financial power behind the president’s crypto fortune. How did Sun’s business love-in with the Trump family spiral into dueling lawsuits?The most infamous financial scandal in US presidential history – the 1920s Teapot Dome affair – involved then president Warren G Harding’s interior secretary, Albert Fall, taking roughly $400,000 in bribes. Adjusted for inflation, that’s about $6m today. Last year, Donald Trump made at least $2.2bn; his single year of income is on the order of 200 to 300 times larger than the bribe that defined “presidential corruption” in the American imagination for a century.It’s taken for granted that Trump flogs items like Bibles and gold sneakers as a way to wring more money from his loyal base. But of the president’s $2.2bn, at least $1.4bn came from his crypto businesses. That’s an extraordinary achievement, even for an unscrupulous sitting president. How exactly did he do it without any prior background in crypto? Continue reading...
theguardian.com
Mahmood v Miliband: who will Burnham choose for chancellor? – podcast
Andy Burnham will become prime minister of the UK on Monday. But he has yet to reveal any cabinet picks, and rumours suggest he still hasn’t chosen a chancellor. What do we actually know about his plans for governing? Pippa Crerar and Kiran Stacey chat about the new PM’s options and the likely issues on the top of his in-trayYou can read Dan Boffey’s profile of Andy Burnham herePlease keep sending your comments and questions to Pippa and Kiran at politicsweeklyuk@theguardian.comYou can watch Pippa’s interview with Volodymyr Zelensky on our Politics Weekly YouTube channel here Continue reading...
theguardian.com
The secret lives of flight attendants: ‘British passengers always drink like they’ve never drunk before’
Lewd propositions, drunken tirades, groping, grumbling and grubby behaviour – cabin crew have to experience it all, at altitude. They open up about the horrors they’ve seen from passengers and colleaguesLast week, right at the start of this year’s holiday season, a 30-year-old drunk British holidaymaker tried to kiss a male flight attendant on a plane, spent a week in Mallorca presumably thinking his actions were consequence-free, and was then arrested on his way back through Palma airport. In February, Jet2 banned two passengers from the airline for life after a mid-air brawl on a flight from Turkey to Manchester, and last week BA had to cancel a flight back from Barbados, because (some) members of the crew were still too drunk from the hotel bar to operate it. There’s a connection between these incidents, and it’s not just as flight attendant Thomas, 27, puts it: “Well, drunk Brits – you know how that goes”.The term “air rage” was coined in the 90s, but the behaviour it describes went through the roof post-Covid. In 2021, the number of reported incidents in the US was greater than in the previous three decades combined. A new category of misdemeanour had appeared – mask non-compliance. Continue reading...
bbc.co.uk
Is tracking your food purchases good for your health?
Food tracking apps are popular, but are they a good way to make us eat a healthier diet?
bbc.co.uk
New era for Gibraltar with removal of 118-year-old border controls with Spain
It is hoped that free movement between the UK territory and Spain will provide an economic boost.
bbc.co.uk
Wealthy AI workers send San Francisco house prices soaring
The median cost of a home in the city is now $1.7m, a record high, according to the latest figures.
bbc.co.uk
Robots available for rent: But what can they do?
Robotics tech is changing fast, so for many it makes sense to rent a robot.
bbc.co.uk
AI is 'not smart' so what's next in artificial intelligence?
Leading AI researcher Yan LeCun has a start-up which is developing a more flexible AI system.
bbc.co.uk
Why is crucial tech vulnerable to the heat?
Energy grids and train services are among the vital services that are vulnerable to very hot weather.
bbc.co.uk
Why Gen Z are planning for life without a state pension
Many younger people do not believe the state pension will exist when they are older
bbc.co.uk
The legal fight to get equal pay for Germany's disabled workers
A test case is seeking the minimum wage for 300,000 disabled people who currently get paid less.
bbc.co.uk
Do you know your 'sweat score'? The rise of hydration tech
Hydration tracking gadgets are flooding the market but is it too much information?
bbc.co.uk
Is Germany looking again at coal-powered electricity?
It had planned to abandon the fuel, but the higher cost of natural gas may make it think again.
bbc.co.uk
The artificial ice pyramids saving India's mountain villages
Himalayan villages are creating artificial glaciers to guarantee water for their crops in the spring.
bbc.co.uk
'We had to get out of the way': The backlash over delivery robots
As the delivery vehicles increasing take to US streets, bans and protest groups are springing up.
bbc.co.uk
What is Helium-3 and could we get it from the moon?
Helium-3 is expensive and demand is forecast to soar, so some are planning to mine it on the moon.
bbc.co.uk
The furious dispute over what caused Air India flight 171 to crash
The final conclusions of the investigation have yet to be published, although more could become apparent in the coming days.
bbc.co.uk
How the High Street became a window on our political instability
High Streets have declined in recent years. What does this tell us about the UK?
bbc.co.uk
The £5 coffee that tells a story of global economic turmoil
Coffees at some city centre outlets now cost £5. It's a story of tariffs, the climate, Gen Z cultural tastes, and savvy coffee farmers playing the market, writes Faisal Islam
bbc.co.uk
The threat to summer holidays looming from jet fuel shortages
What impact might shortages have on our summer holidays - and what could be done about it?
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